Modern Labor Economics Theory and Public Policy

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A clear, comprehensive introduction to labor market behavior. In addition to presenting core theory, Ehrenberg/Smith summarizes empirical evidence for or against each hypothesis, and illustrates the usefulness of theory for public policy analysis. The authors continue to make this text a comprehensive resource in the eleventh edition, through a focus on factual information about the labor market and professional literature in labor economics.

Chapter 1. Introduction

Chapter 2. Overview of the Labor Market

Chapter 3. The Demand for Labor

Chapter 4. Labor Demand Elasticities

Chapter 5. Frictions in the Labor Market

Chapter 6. Supply of Labor to the Economy: the Decision to Work

Chapter 7. Labor Supply: Household Production, the Family, and the Life Cycle

Chapter 8. Compensating Wage Differentials and Labor Markets

Chapter 9. Investments in Human Capital: Education and Training

Chapter 10. Worker Mobility: Migration, Immigration, and Turnover

Chapter 11. Pay and Productivity: Wage Determination within the Firm

Chapter 12. Gender, Race, and Ethnicity in the Labor Market

Chapter 13. Unions and the Labor Market

Chapter 14. Unemployment

Chapter 15. Inequality in Earnings

Chapter 16. The Labor Market Effects of International Trade and Production Sharing